C-suite Management Transitions

Leadership change can affect a company’s reputation and valuation. Measures taken by the board and management in the months leading up to — and following — the change often determine whether the net effect is positive or negative.

CEO change presents more downside risk than upside potential, extending well beyond the point of transition. Clearly, there is greater risk in unplanned CEO transitions. The greater the surprise and the higher the potential for corporate strategy shifts surrounding the transition, the more carefully the change must be managed and communicated. FTI Consulting Strategic Communications specialists advise new management about action steps to manage transition risk, quickly demonstrate credibility and set the agenda for the future.